Shane Oliver, Head of Investment Strategy and Chief Economist.
The following note looks at why cautious optimism is better for your investment health than perma pessimism.
The key points are as follow:
- Worries about an imminent financial crisis remain high. Australians seem particularly negative about the year ahead.
- However, the global economy is the strongest it’s been in years.
- More fundamentally, cautious optimism is essential if you wish to succeed as an investor.